Our 2023 Frontiers of Business Conference will convene corporate executives, top researchers and policy leaders to share objective, evidence-based solutions for navigating the precarious road toward a labor market equilibrium. Learn more today.
In recent years, the importance of reducing wealth inequality and spurring inclusive economic growth has become apparent. Most approaches to reducing wealth inequality have been on the policy side, for example, through changing taxation. But economic prosperity can also occur for people in the lower half of the wealth distribution through market-based actions. The business sector has innovated and found profitable opportunities by serving lower income or lower wealth communities — for example, fintech or telehealth are two domains in which for-profit businesses have created opportunities for those in more disadvantaged situations to improve their well-being, including their finances.
Join us for the Kenan Institute’s monthly virtual press briefing at 9 a.m. EDT this Friday, May 5, as UNC Kenan-Flagler Business School Professor Christian Lundblad offers his insights on both the labor market and the Fed's response to continuing inflation.
Haltiwanger, a Kenan Institute Distinguished Fellow, will discuss implications for the continuing restructuring of the U.S. economy associated with the surge in new business creation.
Perez-Truglia, a Kenan Institute Distinguished Fellow, will summarize the latest research, including his own, to provide a better understanding of the effectiveness of pay transparency laws.
When policymakers implement a disinflation program directed at high inflation, the real dollar value of their country’s stock market index experiences a cumulative abnormal 12-month return of 48 percent in anticipation of the event. In contrast, the average cumulative abnormal 12-month return associated with disinflations directed at moderate inflation is negative 18 percent. The 66-percentage point difference between cumulative abnormal returns, along with descriptive evidence and case studies, suggests that unlike the swift eradication of past high inflations documented by Sargent (1982), the US will not experience a quick, low-cost transition from moderate inflation to the Fed’s two-percent target.
The institute's Distinguished Fellows comprise an exemplary set of global scholars leveraging their individual expertise to further the institute’s efforts to examine and drive solutions to issues facing business and the economy today.
How do firms try to retain workers in a tight labor market? New research finds that employers use a variety of pay and nonpay mechanisms but that multiplant companies may find the nonpay options more cost-effective.
A panel recap from last month's Future of Digital Assets Symposium analyzed how fintech may be able to help create a more inclusive financial system.
Join us for the Kenan Institute’s monthly virtual press briefing at 9 a.m. EDT this Friday, April 7, as institute Chief Economist Gerald Cohen offers his insights on both the labor market and the questions surrounding March's bank failures.
Academics and business leaders shared a panel at our recent Frontiers conference, showing how each can offer insights to help one another develop a broader, shared understanding of changes in the labor market.